With the rise of technology, J. Butler Property Management notes that real estate agents have become more accessible to consumers and prospective clients. Many real estate agents are now using social media to find their next gig. There being so many agents vying for business, it can be challenging to stand out from the crowd and get noticed by potential clients.
In the world of real estate, it’s all about relationships. And, like most industries, recruiting real estate agents is a time-consuming process. After all, they must do their due diligence before deciding to join your organization. They need to learn about you, your company culture, and the products and services you provide.
Here are Some Key Reasons to Recruit:
To Stay in Contact with the Leads
It’s not just about having the right agents in place but instead finding the right way to engage with a growing list of leads. The challenge is that agents have more leads than they can handle, and staying in touch with them becomes increasingly difficult.
Having a real estate agent assures you that your home will be listed on numerous websites. The agent can take care of the details for you, so you don’t have to worry about it. Agents have experience in the industry, so they know how to handle the paperwork and what is required by law.
An agent can also help you negotiate a better home price, especially if you are selling in a buyer’s market. They know what buyers are looking for and whether they would be interested in your home. You may have a long list of potential buyers, but it is impossible to stay in contact with each one of them.
A real estate agent will do this for you so that they know exactly who wants to buy your house and their price range. Buyer’s agents are becoming increasingly important in an era where buyers can easily search for properties independently.
They can provide valuable advice, help negotiate with sellers, and even keep buyers from making costly mistakes during the purchase process. These agents are becoming obsolete, but nothing could be further from the truth. In fact, buyer’s agents are becoming more important than ever before!
It Makes It Easier to Grow your Team
Real estate is a highly competitive industry. To win, you must find a way to get ahead of the competition. One of the best ways to do this is by building a team of real estate agents, especially if you struggle to keep up with demand.
Managing a larger team can be difficult, especially if you are an entrepreneur or small business owner who doesn’t have much time to focus on recruitment and training. This can result in poor service quality and increased turnover rates among staff members.
When you manage a real estate recruiting team, you can do so without micromanaging every aspect of the process. Also, the easier it gets to grow your team and add admin staff, transaction coordinators, and other positions that will make running your business easier.
How to Recruit Agents
Host Networking Events
Having an open house at your residence or place of business is the ideal approach to begin. Networking events are great for finding new clients, but they’re also a fantastic way to find new real estate agents looking for jobs.
The best way to get started is by having an open house at your home or office. You can offer them a cup of coffee or some food and drinks and then chat with them about their business. This is a great way to learn more about their needs and get their contact information so you can follow up later.
Ask visitors to your house or office whether they know any competent realtors who could be interested in collaborating with you. You can also offer freebies like pens and notepads so that people remember who you are when they see your flyers around town. Also, look for someone who has an idea or two about a Placemaking Strategy.
Reach Out via Email and Social Media
Another step is to reach out via email with a simple message introducing yourself, explaining what you do, and asking if they would like more information about your company and its listings.
If you don’t hear back from the agents who email you, post an update on your Facebook page or Twitter account, letting them know that you’ve reached out and would love to discuss their interest further if they are interested in working with you.
You can even follow up with phone calls! If emails and social media posts have gone unanswered, follow up with phone calls — but only after following up via email at least once!
Set up a Facebook Group and Provide Guidance
To invite agents that fit your profile, you can create a Facebook group for your franchise. It’s an excellent way to get in touch with potential recruits and show them what it’s like working with you. It’s easy for them to join your group and provides an easy way to see new listings that fit their criteria.
This also allows them to ask questions, share ideas and discuss topics that are relevant to their work. The best part about this approach is that it’s free! Real estate agents can be intimidating when starting their careers, but once they get used to it, they become very comfortable with buying and selling homes.
Make sure to provide them with guidance, so they know what steps they need to take next to close on a sale (or help someone find their dream home).
Host Continuing Education Courses
Continuing education is crucial for real estate agents because it helps them stay current with changing laws and regulations related to their profession. Hosting continuing education courses at your office or conference center is an excellent way to attract new talent while helping them prepare for licensure exams or other requirements of becoming an agent (e.g., taking classes on how to sell homes).
These courses can be as simple as an hour-long lecture or as involved as a week-long seminar that includes hands-on training in specific areas of expertise such as mortgage financing or property management. Also, networking with other professionals and providing valuable information will help build trust with potential recruits.
Conclusion
For the time being, recruiting real estate agents in a digital world may seem like an uphill battle. However, if we take steps to control what information about ourselves is available online and make it a point to create eye-catching digital footprints, adopting a digital approach to recruiting may not feel quite as far out of reach.
The trend toward digital sourcing is only likely to continue, so now may be the time to catch up with trends if they haven’t already been incorporated into a business’ website.